Marcelo Claure Elected to SoftBank Board of Directors

June 20, 2017 11:30 PM Eastern Daylight Time

OVERLAND PARK, Kan.--(BUSINESS WIRE)--Sprint (NYSE: S) President and CEO Marcelo Claure has been formally
elected to the Board of Directors of SoftBank Group Corp., a global
technology player led by Chairman and CEO Masayoshi Son. The nomination
was announced last month and Claure’s election was approved today at
SoftBank’s 37th Annual General Meeting of Shareholders in Tokyo.

“It’s an honor to join Masa, and SoftBank’s other board members, at this
incredibly exciting time for the Company,” said Claure. “The Internet of
Things, and the ultra-fast 5G wireless networks on which it will be
based, will radically change and benefit the global community, and
SoftBank is at the forefront of this revolution. SoftBank’s relationship
with Sprint has completely changed our company to the benefit of
American consumers, and I am confident that there are significant
opportunities for SoftBank to make an even greater contribution across
all of its unique businesses.”

Joining Claure as new Directors are Rajeev Misra, CEO of SoftBank
Investment Advisors; Simon Segars, CEO of ARM Holdings plc; Mark
Schwartz, Senior Director of Goldman, Sachs & Co.; and Yasir O.
Al-Rumayyan, Managing Director and Board Member of the Public Investment
Fund of the Kingdom of Saudi Arabia.

About Sprint:

Sprint (NYSE: S) is a communications services company that creates more
and better ways to connect its customers to the things they care about
most. Sprint served 59.7 million connections as of March 31, 2017 and is
widely recognized for developing, engineering and deploying innovative
technologies, including the first wireless 4G service from a national
carrier in the United States; leading no-contract brands including
Virgin Mobile USA, Boost Mobile, and Assurance Wireless; instant
national and international push-to-talk capabilities; and a global Tier
1 Internet backbone. Sprint has been named to the Dow Jones
Sustainability Index (DJSI) North America for the past five years. You
can learn more and visit Sprint at www.sprint.com
or www.facebook.com/sprint
and www.twitter.com/sprint.